18, WESTBOROUGH LANE, LONG BENNINGTON, NEWARK, NG23 5HD - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 WESTBOROUGH LANE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £245,000 in April 2018, which was around 18% below the average April 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

18 WESTBOROUGH LANE Sold Prices

Land registry data shows two sales for 18 WESTBOROUGH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 18 WESTBOROUGH LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 26 APR	£245,000	£299,976	18% below HPI
1999 4 AUG	£75,000	£93,654	20% below HPI

18 WESTBOROUGH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 18 WESTBOROUGH LANE sales from August 1999 and April 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 18 WESTBOROUGH LANE?

18 WESTBOROUGH LANE is 67m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 18 WESTBOROUGH LANE lies on this distribution: 2% of detached houses are smaller than 18 WESTBOROUGH LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

18 WESTBOROUGH LANE: Plot and Title Map

18 WESTBOROUGH LANE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 18 WESTBOROUGH LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 18 WESTBOROUGH LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 18 WESTBOROUGH LANE?

18 WESTBOROUGH LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 18 on WESTBOROUGH LANE.